Nintendo Reveals Nintendo Network

During an investor presentation held last night, Nintendo's Satoru Iwata gave the world a glimpse of what we can expect from the Wii U when it launches later this year. One of the most interesting pieces of news concerns Nintendo's online plans: The revelation of The Nintendo Network, Nintendo's online platform.

The Nintendo Network seems planned as a fully functional online hub, like the PSN and Xbox Live. It will allow "competitions and communication among users, as well as the sales of digital content." On the Wii U, you'll have personal user accounts, too.

This should come as a relief for Nintendo fans looking forward to the new console, as it seems the plan is for the Big N to finally install a fully-baked online system in one of their consoles.